Latest News About Masters Prize Money

Here’s the latest on Masters prize money.

• The Masters Tournament purse has continued to rise in recent years, with 2025's total purse at $21 million and the winner earning $4.2 million. The expansion marked a $1 million increase from the 2024 edition. The 2026 reports indicate continued growth, with the purse reaching $22.5 million and the winner expected to earn $4.5 million if Rory McIlroy won, reflecting a further $300,000 rise over 2025.[1][4][5]

• For context, 2024 saw a $20 million purse, with the winner collecting $3.6 million, as part of Augusta National’s ongoing trend of increasing prize money at the event. Various outlets in 2025 and 2026 confirmed the upward trajectory and provided detailed breakdowns by position, showing payouts tapering from the winner down to the rest of the field.[2][3][6]

• In summary, Masters prize money has grown from about $18 million in 2023 to $21 million in 2025 and projected to $22.5 million in 2026, with the winner’s share rising from roughly $3.24 million (2023) to $4.2–$4.5 million in recent years, depending on the exact year and champion.[3][5][1][2]

Illustration example: The winner’s check has increased over time from around $3.24 million (2023) to $4.2 million (2025) and potentially $4.5 million (2026) as the purse expands to over $22 billion in combined prize money across top finishers—illustrating the tournament’s steady financial growth.[5][1][2]

If you’d like, I can pull the exact current year’s purse breakdown and provide a concise table for the top-8 placings.

Citations:

• Masters purse increase to $21 million with $4.2 million to winner.[1]
• 2024 Masters purse $20 million and winner $3.6 million.[2]
• 2025 Masters purse $22.5 million and winner $4.2 million (context for growth).[3]
• 2026 purse and winner estimate $4.5 million with $22.5 million total purse.[5]